MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) kept its key interest rates unchanged yesterday, as expected, saying the current monetary policy settings remain appropriate for the time being. In a virtual press briefing, BSP Governor Benjamin Diokno said the Monetary Board decided to maintain the overnight reverse repurchase rate at an all-time low […]
Read MorePETALING JAYA: Local hotel operators are expecting occupancy rates to pick up slightly in the final quarter of this year, according to a survey by the Malaysian Association of Hotels (MAH). However, average occupancy rates, which have been severely hit by the Covid-19 pandemic, are expected to continue remaining lacklustre for the remainder of 2020. […]
Read MoreThe Hanoitimes – A trade surplus of US$10.08 billion as of August 15 puts Vietnam in a strong position to surpass the record figure of US$11.12 billion in 2019. Vietnam recorded a trade surplus of over US$4 billion in trade surplus in just 30 days, resulting in a surplus of US$10.08 billion in the year to […]
Read MoreBusiness sentiment rose for the second straight month in July, driven by the relaxation of the government’s coronavirus lockdown measures. Concerns remain rampant, particularly about a second wave of the virus and growing political discord. The University of the Thai Chamber of Commerce (UTCC) said yesterday that business confidence edged up to 31.8 in July […]
Read MoreIndonesia is aiming to capitalize on the coronavirus crisis to roll out sweeping reforms in education, health care and social safety nets, says Finance Minister Sri Mulyani Indrawati, calling the pandemic a “short-term challenge” to the country’s vision. Sri Mulyani told The Jakarta Post in a live broadcast interview on Wednesday that proper education, health care and […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has raised the real estate loan limit of big banks, releasing P1.2 trillion in additional funds which can be borrowed by the property sector. BSP Governor Benjamin Diokno said the Monetary Board has increased the cap on real estate loans by universal and commercial banks to […]
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Thailand
